New Delhi, Aug 6 () The initial public offer of Sterling & Wilson Solar Ltd was subscribed 9 per cent on the first day of bidding on Tuesday.
The IPO through which the company plans to raise about Rs 3,125 crore received bids for 21,06,264 shares against the total issue size of 2,21,77,418 shares, as per NSE data.
The category for qualified institutional buyers (QIBs) was subscribed 6 per cent, non institutional investors 19 per cent and retail individual investors 6 per cent.
Its price range has been fixed at Rs 775-780 per share.
The issue will close on August 8.
